$1,915,000
SOLD JUN 10, 2025
4 Beds
4 Baths
3,048 Sq Ft
2,540 Sq Ft Lot

Recently Sold

$628 Per Sq Ft

2% Above List Price

3 Days on Market

About This Home

As of June 2025

Exceptional Investment Opportunity with views in Belmont Shore – Across the street from the sand and water - 6 Units on Ocean Blvd. Introducing 5339 E. Ocean Boulevard, a rare opportunity to own six income-generating units in one of Long Beach’s most coveted coastal neighborhoods, Belmont Shore. Perfectly situated on Ocean Boulevard, directly across the street from the sand and ocean, this property offers unmatched access to the beach lifestyle. Residents will enjoy being only blocks to Alamitos Bay, Second Street’s vibrant dining and shopping scene, and all the charm this coastal community has to offer. Property Highlights: Four of the six units are front-facing 1-bedroom units with views, 3 highly sought-after private parking spaces, Prime location across from the beach and a few blocks to the bay plus near downtown Long Beach, Seal Beach, 2nd & PCH retail center, freeways, CSLB, Long Beach airport and more. Don't miss this rare opportunity to own a premier property in one of Southern California’s most desirable beachside communities.

Last Agent to Sell the Property

Louis Mannone

Realty One Group West Brokerage Phone: 714-906-8571 License #00933588 Listed on: 05/16/2025

Realty One Group West

Co-Listed By

Nina Mannone

Realty One Group West Brokerage Phone: 714-906-8571 License #01851852

Last Buyer's Agent

Louis Mannone

Realty One Group West Brokerage Phone: 714-906-8571 License #00933588 Listed on: 05/16/2025

Realty One Group West

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1953

Lot Details

  • 2,540 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Legal Lot and Block 29 / 36
  • Tax Tract Number 3750
  • Assessor Parcel Number 7245007026
  • $1,005 per year additional tax assessments

Community Details

Overview

  • 6 Units
  • Belmont Shore Subdivision

Building Details

  • 6 Leased Units
  • Rent Control
  • Gardener Expense $600
  • Professional Management Expense $6,362
  • Water Sewer Expense $1,493
  • New Taxes Expense $24,475
  • Gross Income $134,400
  • Net Operating Income $84,740

Property Details

Home Type

Apartment

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Professional Management Expense: 6362.00
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 1493.00
  • Zoning: LBR4R
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7245007026
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 628.28

Exterior Features

  • View: Ocean, Peek-A-Boo, Water
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2540.00
  • Lot Size Acres: 0.0583

Multi Family

  • Gross Income: 134400.00
  • Gross Operating Income: 130368.00
  • Gross Scheduled Income: 134400.00
  • Lot Size Area: 2540.0000 Square Feet
  • Net Operating Income: 84740.00
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 45630.00
  • Other Income1: 265.00
  • Other Income Description: Parking spaces
  • Rent Control: Yes
  • Total Actual Rent: 10935.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24475.00
  • Tax Block: 36
  • Tax Census Tract: 5773.00
  • Tax Lot: 29
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 1005.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $1,915,000 +1.9% $628 / Sq Ft
05/16/2025 05/16/25 For Sale $1,880,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25107212

California Regional Multiple Listing Service (CRMLS)